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Loan Modification

: Mortgage Lender Implode-o-Meter

Will MERS Exam Be a Whitewash?

By Implode-Explode Heavy Industries

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"The Wall Street Journal real estate blog reports that Federal banking regulators will conduct an examination of MERS, the electronic mortgage and servicing rights data service (hat tip ForeclosureHamlet). As much as scrutiny of MERS is very much in order, it remains an open question as to whether this effort is serious."

Full post as published by Mortgage Lender Implode-o-Meter on November 18, 2010 (boomark / email).

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